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China’s grain imports fell sharply in August, customs data showed on Sunday, a month after Beijing imposed hefty tariffs on shipments from the United States, one of its top suppliers. China brought in 60,000 tonnes of sorghum in August, down 78.5 percent from 259,892 tonnes a year ago, according to figures published by the General […]
June was the end of the 2017-2018 fiscal year of many sugar companies. The finance reports released so far all showed that they experienced a tough time. Lam Son Sugar (LSS) reported losses in the latest quarter though its net revenue increased by 6 percent in comparison with the same period last year to VND732.9 […]
India has urged China to drop a years-long ban on rapeseed meal imports from the South Asian nation at a meeting with government officials and feedmakers as it aims to boost sales of critical farm goods amid growing US-China trade tensions. The meeting was held at India’s embassy in Beijing on Wednesday, according to an […]
El Nino swells to boost Atlantic grain transportation
Zimbabwe is eyeing a cumulative figure of $2 billion over the next two years on growing demand of sunflower and other oil producing seeds on the international market. Demand for sunflower seed on the international market is growing prompting players in the industry to project a massive jump in returns over the next two years. […]
The share of Brazil’s exports destined for China rose to 85 percent in Aug. 7 percentage points above the previous month, following the implementation of Chinese tariffs on U.S. soybeans, the Agriculture Department’s Foreign Agricultural Services said in its monthly oilseeds report. “This has resulted in higher prices for Brazilian soybeans that discouraged purchases by […]
AUSTRALIA continued its pattern of a lone bulk cargo per month in July with exports totalling 46,399 tonnes, down 20 per cent from the June figure of 57,810t, according to the latest data from the Australian Bureau of Statistics (ABS). Australian Oilseeds Federation (AOF) executive officer, Nick Goddard, said such low exports at this time […]
Prices of edible oils – crude palm oil (CPO) and refined soy oil (RSO) – in futures market fell for the third consecutive month in August and softened in September too, in line with the global trend and higher stocks. In international markets, soy oil prices on CBOT plunged more than 18 per cent this […]
Indonesia’s president has signed a moratorium on new palm oil development and ordered a review of existing plantations, an official said Thursday, in a blow to an industry blamed for environmental destruction and worker exploitation. Prabianto Mukti Wibowo, a deputy minister at the Coordinating Ministry for Economic Affairs, said the moratorium, first announced by president […]
One of the largest buyers of Canadian wheat has a problem with the quality of the product. Peru purchased more than one million tonnes of Canadian wheat in 2017-18, making it Canada’s sixth largest customer. “We normally don’t think of Peru as a strong export market but they are,” said Cam Dahl, president of Cereals […]
A company in Scotland has unveiled what it claims is arguably the world’s most technically advanced indoor farm. Intelligent Growth Solutions’ vertical farm uses artificial intelligence and specially designed power and communication technologies. The firm says this reduces energy costs by 50 per cent and labour costs by 80 per cent when compared to other […]
That tonnage would be lower than last year’s crop when farmers harvested 300.2m tons of grains. Coceral also revised down the wheat crop from 138.8m tons to 129.9m tons, which would again be lower than the 141.9m tons reached in 2017. It said the reductions mainly concern wheat production in Germany, France, the UK and […]
Dear subscribers and visitors of UkrAgroConsult website, please, take note of our company’s work schedule during the VI International Conference “Black Sea Oil Trade-2018”. On September 20, 2018 information in online sections “Daily Ag reports” and “Prices and Futures”, will not update, as well as data in mobile application “Black Sea Grain & Oil”. Besides, […]
Brazilian farmers sped up soy and corn plantings this week for the country’s next grain crop, under favorable weather conditions and a positive market outlook, despite a sharp fall in soybean futures in Chicago on Tuesday. Soybean planting in Brazil’s second-largest producing state of Paraná reached 9% of the expected final area this week, up […]
Wheat production in Canada grew by 3.5 percent in 2018 compared to 2017, according to a Statistics Canada survey based in part on satellite and agroclimate data. The survey, released on Wednesday, also said that barley production grew by 4.3 percent while oat production fell by 9.4 percent. Canola production was also forecast to edge […]